In the midcap segment, only Supreme Industries rose in double-digits with 13% gain. New India Assurance and Crisil were distant close, with 9% and 7% gains, respectively.Among the Sensex pack, Nestle India topped the charts with 3.07% returns, followed by Ultratech at 1.07% and Power Grid at 0.6%.

"When rates are increasing at the rate they are and the geopolitical situation is what it is, now you are getting a bid to volatility," said Brent Kochuba, founder of options analytics service SpotGamma.

ITC shares fell 2.75% to close at Rs 438 on Friday. The average price target on ITC of all analysts compiled by Bloomberg following the second quarter results is at Rs 509.33, implying an upside of almost 16% over Friday's closing.

The S&P 500 and Nasdaq fell more than 1% each. All of the S&P 500 index's 11 sectors ended lower in broad-based selling, with technology and financials among the biggest drags.

Hindustan Unilever (HUL) managing director, Rohit Jawa, stated that all the categories in which the company operates will experience an S-curve of growth driven by increased per-capita consumption and higher rural contribution. He mentioned that HUL has already shown this growth curve in categories such as home care and fabric conditioners, and sees similar opportunities in new demand spaces.

The transaction is being financed by a consortium of 10 international banks including DBS Bank, First Abu Dhabi Bank, Mizuho Bank and MUFG Bank. Other banks in the consortium include Barclays Bank PLC, BNP Paribas, Deutsche Bank, ING Bank, Sumitomo Mitsui Banking Corporation and Standard Chartered.

But the question remains with Sebi becoming careful about the sudden spurt in retail participation in this risky trading segment, how long will the party last?

The Indian economy has developed resilience, enabling it to withstand large shocks and navigate an increasingly turbulent global landscape, the governor said, urging banks and financial institutions not to lower their guard.

Finance Minister Nirmala Sitharaman has stated that the government is focused on reducing its debt burden and has been practicing responsible spending to avoid burdening future generations. The aim is to bring down the fiscal deficit to 4.5% of GDP by FY26. Sitharaman also emphasized the need for reforming multilateral institutions in order to effectively address global challenges. The government has been cautious of its debt levels and is exploring strategies to reduce it. The Jan-Dhan Yojana has played a crucial role in promoting financial inclusion in the country.

The Reserve Bank of India (RBI) is expected to keep repo rates unchanged for an extended period due to easing core inflation and high real interest rates. However, the frequent fluctuations in food prices may require the RBI to remain vigilant. The RBI aims to maintain macroeconomic stability but acknowledges uncertainties such as adverse weather events, global food and energy prices, and volatility in global financial markets. The MPC meeting also discussed the need to sustain and stimulate investment, projecting a GDP growth of 6.5% for FY24.

State Bank of India (SBI) and IL&FS have different views on debt restructuring at ITPCL, the bankrupt financier's power joint venture entity. SBI wants an assessment of the liquidation value before signing on the proposal, while IL&FS, as part of its resolution framework, is not obligated to undertake a liquidation assessment for this asset. Last month, lenders approved a restructuring plan for ITPCL, with 59% of its debt classified as sustainable and the remaining 41% converted into non-convertible debentures. ITPCL operates a 1,200-MW power plant in Tamil Nadu.

Deepak Chhabria has been removed from the board of Finolex Cables, following a longstanding dispute with his cousin, Prakash Chhabria. This comes after the Supreme Court reprimanded the National Company Law Appellate Tribunal for allowing Deepak to continue in his role. The fight for control of Finolex Cables is expected to intensify, with Prakash intending to stake claim to the position. Shares of Finolex Cables rose 1.47% on Friday.

The new guidelines are aimed at "strengthening overall resiliency, the procedures at or governance of QRTAs for handling disruption, augmentation of systems and practices to achieve better Recovery Time Objective (RTO) and Recovery Point Objective (RPO), and to improve overall preparedness by conducting periodic announced/ unannounced drills.

"The dream run of domestic flows continues and multipolar world dynamics are driving both FDI and portfolio flows toward India. Recent high-frequency trends also support our bullish stance with inflation concerns abating and the trade balance improving," it said in a report.

The Dow Jones Industrial Average fell 48.90 points, or 0.15%, at the open to 33,365.27.

Marquee funds, including Citigroup, Axis MF, Bandhan MF, ADIA, Fidelity, Goldman Sachs, Morgan Stanley, and Motilal Oswal among others bought stakes in the company through the deal. In August this year, SoftBank offloaded about 1.17% Zomato stake under a block deal, which was valued at Rs 947 crore. Back then, Morgan Stanley, Nomura, Kotak Mahindra MF, Invesco MF, Goldman Sachs, Franklin Templeton MF, Avendus, and Societe Generale, among others picked up the stake.

The short-term trend of the Nifty remains negative. A slide below the immediate support of 19,480 could drag Nifty towards another important support of 19,350 levels in the near term. Immediate resistance is placed around 19,650 levels, said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

During Friday's trading session, the Sensex benchmark index dropped 232 points, concluding the day at 65,398. Despite the market's sharp decline, 7 stocks listed on the BSE commodities index reached their highest price in the last 52 weeks. The 52-week high is of great importance to certain traders and investors because it serves as a crucial technical indicator for assessing a stock's current worth and for predicting potential price variations. It signifies the highest price at which a stock has traded throughout the past year.

Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments amid strengthening US bond yields which are nearing 5 per cent for the first time since 2007. The 30-share BSE Sensex fell 231.62 points or 0.35 per cent to settle at 65,397.62. During the day, it plunged 320.63 points or 0.48 per cent to 65,308.61. Falling for a third straight day, the Nifty declined 82.05 points or 0.42 per cent to 19,542.65.

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The bank's net interest margin however fell to 8.43% from 9% in the year ago quarter. Net interest income grew 26% year-on-year at Rs 766 crore while other income rose 25% to Rs 181 crore.

Several midcap stocks in the Indian market showcased significant movements by surpassing their 20-day SMA, indicating potential changes in their stock trends.

From the Sensex pack, ITC, Tata Steel, and HUL were the top laggards, falling over 2% each. SBI, JSW Steel, and Power Grid also ended lower, while Kotak Bank, IndusInd Bank, TCS, and NTPC closed higher. Tata Communication closed 3.7% lower after the firm reported a 58% YoY decline in consolidated profit after tax to Rs 221.26 crore for the second quarter of FY24.

Several major stocks in the Indian market demonstrated significant moves by crossing their 100-day SMA, signaling potential shifts in their stock trends.

In a day marked by remarkable market activity, several Nifty 200 stocks achieved significant milestones by reaching new 52-week highs on October 20.

According to Trendlyne data, these 9 Nifty500 stocks that have given multibagger returns in the past one year are trading below their industry price-to-earnings (PE) levels. Low PE stocks are considered valuable and are best suited for long-term investment horizons. Here’s the full list:

Several largecap stocks in the Indian market demonstrated significant movements by surpassing their 50-day SMA, signaling potential changes in their stock trends.

Delve into the significance of a Golden Crossover and why it's essential for investors, as we explore five Nifty stocks that have recently experienced this bullish pattern.

Birla Tyres has been in the business of manufacturing tyres for 25 years. It earlier had a collaboration with Italian tyre manufacturer Pirelli. The company was demerged from the group's flagship firm Kesoram Industries in 2018.

In a day filled with exceptional market activity, several small-cap stocks reached new all-time highs on October 20, highlighting their impressive performance and growth potential.

On Friday's mutual fund analysis, ETMarkets focused on stocks with the poorest performance in the calendar year 2023, specifically those held by at least 25 MF schemes.Of approximately 411 stocks held by 25 or more MF schemes, 76 have posted negative returns in CY23 so far. The emphasis is on stocks that have experienced a significant decline of over 25%. Applying the metric we have listed out 9 stocks that fit the bill. Monitoring stocks that are held by a considerable number of mutual funds and have undergone substantial corrections is essential because mutual funds generally make their investment decisions after conducting thorough research. (Data Source: ACE MF, ACE Equity).

Whether it is upward or southward movement of Nifty and Sensex, it is largely led by financial services stocks which include banks, both private and public sector and other heavyweights which essentially are part of the financial services. The reason, high ownership of foreign portfolio investors ( FPIs) in the majority of financial services and banking stocks. Given the fact that yields on US bonds have reached closer to 5 percent mark and there are clear fears looming on the street, about an increase in global cost of capital.

Tanla Platforms’ revenue for the second quarter surged 18.5% on year to Rs 1,008.60 crore, marking the first quarter where the topline crossed the Rs 1,000-crore mark. The rise in topline was aided by a 7% growth in organic revenue and 27% in the digital platforms segment.

Here is a list of 8 stocks, which shall trade ex-dividend next week. Their record dates also coincide with their ex-dates. This means investors need to appear on the shareholders' list by then to be eligible to receive the dividend amount. Take a look: (Source | StockEdge)

Till a few months back If any global investor wanted to take exposure to the housing finance sector in India. The first choice would be HDFC ltd, Post the mergers with HDFC bank, to take exposure to HDFC, investors will have to buy HDFC bank, which they may or may not do, given constraints under which each fund works. So one of the unintended consequences of this merger of HDFC Ltd and HDFC bank has been that other pure housing finance stocks have a higher probability of getting attention from investors. Now this has happened at a time when after a long phase of headwind and turbulence in which the sector saw many companies going down under and some exchanging hands, some respite has emerged and some tailwinds are emerging.

The price action was accompanied with significant volume action as over 58.85 lakh shares were on the block around 10 am on the NSE.

Nifty FMCG index was the worst performing index and was trading more than 1% or 600 points lower from Thursday's closing level.

Tata Communications’ fall in net profit comes even as revenue from operations saw a 10% jump on-year to Rs 4872.5 crore in the September quarter as compared to Rs 4430.74 crore in the corresponding quarter of last year

The company also received the same work order from Western Railways for the Petlad-Bhadran (22.5 km) stretch of the Vadodara division. The Rs 174.27 core order, too, has to be completed in 24 months.

Nifty FMCG index was the worst performing index and was trading more than 1% or 600 points lower from Thursday's closing level.

Policy instruments are meant to regulate the overall level of credit in the economy through commercial banks. Selective credit controls aim at controlling specific types of credit. They include changing margin requirements and regulation of consumer credit.

FMCG major Hindustan Unilever Ltd (HUL) has reported a 4% growth in its standalone net profit at Rs 2,717 crore for the quarter ended September 2023.

The price action was accompanied with significant volume action as over 58.85 lakh shares were on the block around 10 am on the NSE.

A host of brokerages are bullish on several stocks from different sectors, such as banking, and oil & gas. Trendlyne data shows that 10 stocks, including HDFC Bank, Reliance Industries, CG Consumer Electricals, and Kajaria Ceramics have high analyst ratings and can rally up to 30%. Here's a list of these stocks:

MRPL is a Miniratna company for which analysts expect an upside rally in near term. MRPL stock has been a consistent mover over the past 12 months, giving returns of 82% and outperforming the Nifty50, which has returned nearly 12% during the same time.

The chart pattern suggests that bulls are here to stay and the rally could get extended towards 700 levels in the next 3-4 weeks, suggest experts.

ITC’s daily trend is bullish to sideways. The RSI for weekly and daily is showing sideways momentum, however, the RSI for monthly is showing bullish momentum. Based on option chain analysis, the range is between 440 and 460. Let’s plan a trade around this.